Guild of Project Controls: Compendium | Roles | Assessment | Certifications | Membership

Cost Engineer

Cost Engineer, AMEC Foster Wheeler, BP Offshore/Onshore Engineering, Construction & Modifications Services

START Date: 
January, 2012
END Date: 
June, 2016
 Established effective Project Cost Control System for better monitoring of project expenditures, recordchanges and manage budget variations during the whole project life cycle Accurate recording and analysis of actual costs and expenditures to ensure they are correctlyallocated to the appropriate Cost Centers, controlled and reported against authorized budgets, ProjectTarget Cost Estimates and the Cost Management Plan. Producing regular VOWD, Cost Reports andmonthly budget forecasts.

Cost Engineer, Saipem Spa, substantial new oil processing facilities

START Date: 
February, 2015
END Date: 
January, 2017

In Total Tenure involved in following activities. –

 

Develop and implement procedures for contract management and administration in compliance with company policy.

 

Work with Risk Management Department / Finance to coordinate contractual insurance requirements

 

Experience Hours (Planning & Scheduling): 
550
Experience Hours (Cost Management): 
1700
Experience Hours (Forensic Analysis): 
200

Cost Engineer, Renaissance Heavy Industries, Zapsib Ethylene Cracker Unit

START Date: 
May, 2016
END Date: 
February, 2017
  • Establishing a version of the project budget that is consistent with how the money will be spent
  • Regularly collecting actual costs to date
  • Forecasting the cost of the remaining work
  • Comparing the estimated total cost with the approved budget
  • Comparing that variance with the previous reported variance
  • Certification of monthly valuations and final accounts
  • Assisting in management of project Sub-Contractors 
Experience Hours (Planning & Scheduling): 
300
Experience Hours (Cost Management): 
1500

Cost Engineer, Unitech Electrical, Nortel Westwinds Plant

START Date: 
January, 1996
END Date: 
August, 2000

Lead Estimator and Design Build Coordinator for 11 NORTEL Networks Facilities, The Calgary Herald Newspaper Plant, Sunridge Business Park through Pauls Properties Canada as well as an approximate 80% of all design Build work introduced into Unitech through numerous General Contractors. 

Experience Hours (Cost Management): 
9200

Cost Engineer, AWE, (various projects)

START Date: 
April, 2015

Project Controls / Cost Engineer

  1. Analysis and interpretation of earned value statistics
  2. Cost monitoring, measuring and reporting
  3. Building and maintaining low complexity P6 project plans
Experience Hours (Planning & Scheduling): 
1000
Experience Hours (Cost Management): 
5000
Experience Hours (Forensic Analysis): 
5000

Cost Engineer, AWE, Various

START Date: 
May, 2012

Currently working as a cost engineer&

Cost Engineer, AWE, Teutates

START Date: 
December, 2014

Cost Engineer on complex capital program of works.

Experience Hours (Cost Management): 
5500

Cost Engineer, BP AzSPU, AIOC SD2

START Date: 
November, 2008
END Date: 
April, 2013
  • Confidential HR issues
  • Frontline HR for staff in UK, USA, Norway, Georgia & Baku
  • Monthly timesheets/expenses & matters arising with accounts
  • Liaising with 5 outside agents
  • Reporting and analysis of monthly financial data
  • Monthly reporting to PMs, Leads and supervisors
  • set up new staff and train on system
  • close outs
  • Maintain the JournyX system
  • weekly meetings with Accounts
  • Visit all offices

 

Experience Hours (Planning & Scheduling): 
1000
Experience Hours (Cost Management): 
2000
Experience Hours (Forensic Analysis): 
1000

Cost Engineer, Panalpina Group, AIOC SD2

START Date: 
November, 2013
END Date: 
August, 2016

Cost Engineer

  • Planning and forecasting manpower
  • Forecasting Materials
  • Meeting with PM to plan future forecasts and needs
  • KO meetings
  • Variance analysis reports to client
  • PO housekeeping
  • Visit sites
  • Maintain historical data
  • Liaising with procurement, Technical  & Ops teams to review and plan furtue budgets
  • highlight potential risks and savings
  • HSSE
  • Project cargo flow & time delay analysis
Experience Hours (Planning & Scheduling): 
1000
Experience Hours (Cost Management): 
2000
Experience Hours (Forensic Analysis): 
1000

Cost Engineer, AWE, Teutates

START Date: 
December, 2016

Cost Engineer

  • Check PO logs & receipt outstanding invoices
  • Attend Kick Off meetings
  • Requisitioning
  • Change control data provision & support
  • Variance analysis updates data
  • monthly reports
  • MoD dashboards
  • Data slides for meetings
  • update labour forecast
  • update ETC
  • Submit Accruals
  • Cost Reviews
  • Budgets
  • Liasing with PMs
  • Timesheet checks
  • ADI sheet submission
  • actuals submission

 

Experience Hours (Planning & Scheduling): 
1000
Experience Hours (Cost Management): 
2000
Experience Hours (Forensic Analysis): 
1000

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